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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 11, 2012 20:10
Or trend support coming in about 2800 next few days coinciding with 78.6% ret
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 20:09
1.25 DaveO

'kill punch' a tad dramatic eh...'must've been watching cnbc when typing those words..
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 11, 2012 19:54
DaveJ, so what do you reckon for the kill punch, 2620 next eh ?
Dave J
Canada
Posts: 197
12 years ago
May 11, 2012 19:00
eu refusing to break 2900 handle so far (curr 1.2921)...may have to wait for next week.

..expecting some parties to put up another (ultimately futile) fight for euro before the 'kill punch'...

...patiently waiting.
Dave J
Canada
Posts: 197
12 years ago
May 10, 2012 18:22
My eu shorts are voting for Syriza and it's young buck leader...however, it's politics...can and usually does turn on a dime...
Dave J
Canada
Posts: 197
12 years ago
May 10, 2012 18:16
Ah..yes, the details...thanks cat0nip.

Hope that steering placement works out for you..
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
May 10, 2012 17:31
Its not that simple
read http://www.bloomberg.com/news/2012-05-09/greeks-may-hold-510-billion-trump-card-in-renegotiation.html
I am working on the birth defect of EUR and why USD will be there when EUR is a fading memory. Nevertheless right side drive will be in London by sheer Merkel tank force. Creates many new jobs, cops, and driving instructors. I am dreaming ...ah yes nightmare..of a Merkel memorial at Trafalgar square....with a steering wheel that is for right side drive only.
Dave J
Canada
Posted Anonymously
12 years ago
May 10, 2012 13:47
GM,

...looks like eu has finally found some support down at 2910..playing upswing in comm ccy's...looking to add to eu shorts on a retest at 1.30+

For such a small country (economically) Greece raising quite the global stink...owing bondholders around E400Bn, depending on who's #s you use, this is roughly the size of Belgium/ Poland/ economies...

If the Greece default/ leave Euro ideas pan out this should be a good catalyst to send eurusd backdown to 2500 and lower in short order...an aside, this should bolster Germany's etc export industry (not that it's really suffering) helping momentum...

glgt
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 10, 2012 1:39
a public challenge, eh?:-).. so here is the candle data at the time of my post: H 1.2951 L 1.2931 C 1.2936.. so even at the high of that candle it would have been just over 40 pips down for that spike.. anyway im not a top/bottom picker.. just like to share market flow insights occasionally.. important when scalping..
Sir Ignore
United States
Posts: 3068
12 years ago
May 10, 2012 1:11
was just counting from time of your post to the low.....but prob my math mistake on da rum..